Agent profile image in chat bubble
Agent profile image in chat header

Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

Agent profile image in message

550 SE Reef Ave SE Unit 20000 , Lincoln City, OR 97367
$225,000
Est. Payment: $1,149.11/mo
0 Bed
0 Bath
0 Sqft
Status: Bumpable Buyer | Days on site: 19
Get Pre-Qualified
3ROG02 - NEALSHEL
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Sarita Dua, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

Bring your vision to this unique .18-acre Lincoln City property where much of the groundwork is already in place! Water, sewer and electricity are on the property, along with an existing slab where a single-wide manufactured home once stood, creating an exciting opportunity for a future coastal home or getaway.Unlike a typical vacant lot, this property already offers established outdoor spaces surrounded by mature evergreens and greenery, giving it a wonderfully private, tucked-away feel. Garden areas, a greenhouse, additional storage sheds and outdoor gathering spaces add character and functionality, with plenty of room to imagine gardens, outdoor entertaining or simply enjoying your own peaceful piece of the Oregon Coast.One of the property's standout features is the 720-square-foot garage, fully insulated with sheet rock, water, power and work benches already in place. A 10-foot-wide by 8-foot-tall garage door, with opener provides excellent access and versatility for vehicles, recreational gear, a workshop, hobbies, projects, additional storage, or potentially convert into a small home or apartment. It's a substantial improvement that adds immediate usefulness while you make plans for the rest of the property.Existing concrete areas provide even more usable space, and the property's established improvements give a future owner a great starting point.Whether your vision includes a manufactured home, new construction or a coastal retreat, 550 SE Reef Avenue offers something increasingly hard to find—a beautiful lot with utilities already in place, a substantial finished garage, useful existing improvements, mature surroundings and room to create something uniquely your own.Come walk the property and imagine the possibilities!

Highlights

Listed by Shelli Neal , 541-921-3306 Realty One Group At The Beach , 503-881-2313. Portland Regional Multiple Listing Service mls logo

Property Type

Vacant Land

Lot/Acreage
0.18

County

Lincoln

Area

200 - Lincoln County

Listing ID

629294112

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Level,Cleared,Wooded
Zoning:R-R
Principal Interest
$1,149
Taxes
$169

Home Price

$225,000

Loan Details

30 yrs
6.596%

Down Payment

20%
$45,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,149.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,149.11 $168.91 $0.00 $1,318.02
Yearly $13,789.32 $2,026.94 $0.00 $15,816.26
Total $413,679.73 $60,808.20 $0.00 $474,487.93

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Sep 2026

Average Price

All Price Ranges
N/A
Sep 2026

Average Days on Market

All Price Ranges
N/A
Sep 2026
Market insight data is pulled from the same city as the listing being viewed (Lincoln City, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

IDX service by Blueroof 360

Data last updated: 2026-09-07T13:53:59.000Z

© 2026 Portland Regional Multiple Listing Service

MLS Logo - Portland Regional Multiple Listing Service